eurobank bond — eurobank bond — Eurobank has marked a significant milestone in its funding strategy by successfully pricing a €400 million issuance of fixed rate reset subordinated tier 2 notes. This transaction reflects strong demand from international investors and is poised to enhance the bank’s capital structure.
- This acquisition will undergo a review as part of the competition authority's oversight, ensuring compliance with relevant laws and regulations.
- Hadjimanolis noted that 2026 presents a pivotal moment for the shipping sector, emphasising the importance of leveraging technology and innovation for sustainable growth.
Eurobank bond: Details of the Bond Issuance
Eurobank S.A. announced on Friday that the issuance comprises subordinated Tier 2 debt instruments, which are critical for the bank’s regulatory and funding objectives. The notes are set to mature on April 29, 2037, providing long-term capital to support the bank’s growth.
Investment Structure and Features
The newly issued notes are callable at par from January 29, 2032, to April 29, 2032, under the structure termed 11.25NC6.25. Investors will benefit from a fixed coupon rate of 4.125 per cent per annum, ensuring predictable income until the first reset date.
Cyprus Property Market Shows Strong Growth
The Cypriot real estate market has posted impressive results for 2025, with the total value of property transfers surpassing €4.7 billion. According to the Real Estate Agents Registration Council, the number of sales documents filed rose by 15 per cent from the previous year, reflecting a vibrant market.
Sales Figures and Market Resilience
Between January and December 2025, a total of 18,114 sales documents were processed, up from 15,797 in 2024. Although the volume of transfers increased marginally by 0.77 per cent, the total value of these transactions grew by approximately 10 per cent, indicating a shift towards higher-value assets.
Marinos Kineyirou, president of the Real Estate Agents Registration Council, stated, “The picture of 2025 is the clearest proof of the resilience and attractiveness of the real estate sector,” highlighting the market’s ability to rebound from external shocks.
Decline in Non-Performing Loans in Banking Sector
The Central Bank of Cyprus has reported a continued decline in the non-performing loan (NPL) ratio within the banking sector. As of October 2025, the NPL ratio fell to 4.2 per cent, down from 4.5 per cent in September 2025, indicating a positive trend in credit quality.
Improved Asset Quality
When considering the European Banking Authority Risk Dashboard methodology, which includes loans to central banks and credit institutions, the NPL ratio dropped to 2.1 per cent by the end of October 2025, compared to 2.3 per cent in September. This consistent decline across both measures reflects ongoing efforts to improve asset quality within the sector.
Merger Notification for Non-Performing Loans
The Cyprus Commission for the Protection of Competition announced it has received a merger notification concerning the acquisition of a portfolio of non-performing loans from Alpha Bank Cyprus Limited. Cerberus Capital Management L.P., acting through Delta Credit Purchaser Limited, is the buyer in this transaction.
Regulatory Review Process
This acquisition will undergo a review as part of the competition authority’s oversight, ensuring compliance with relevant laws and regulations.
Challenges and Opportunities in Cyprus Shipping Sector
The global shipping industry faces persistent operational challenges, yet Cyprus is navigating these issues through resilience and innovation. Shipping Deputy Minister Marina Hadjimanolis addressed the sector during the 3rd CSN Cyprus Shipping Debate, acknowledging both the turbulent waters ahead and the opportunities that lie in wait.
Future of Maritime Industry
Hadjimanolis noted that 2026 presents a pivotal moment for the shipping sector, emphasising the importance of leveraging technology and innovation for sustainable growth.
EU Greenhouse Gas Emissions Decline
Recent Eurostat data reveals a continued decline in greenhouse gas emissions across the EU, with Cyprus recording a significant reduction relative to economic output. The data shows Cyprus achieved a 28.9 per cent decrease in emissions intensity from 2013 to 2024, demonstrating a decoupling of economic growth from emissions.
Government Debt Reduction in Cyprus
Cyprus has made notable progress in reducing government debt, achieving one of the largest decreases in the EU during Q3 2025. Eurostat reported a drop of 6.1 percentage points in the general government gross debt to GDP ratio compared to the same quarter in 2024, marking the third-largest decline in the bloc.
Upcoming Cyprus-India Business Summit
Interest in the upcoming Cyprus-India Business and Investment Summit is gaining momentum, with over 400 registrations already recorded ahead of the January 28 event in Mumbai. The summit aims to foster bilateral trade and investment ties between the two nations.
Strategic Opportunities
The event will highlight Cyprus as a key entry point for Indian companies seeking to expand into Europe, while also positioning the island as a competitive business centre connecting Europe with the Middle East and Asia.
Strong Fiscal Position for Cyprus
Cyprus reported a provisional general government surplus of 2.4 per cent of GDP for Q3 2025, contrasting sharply with the euro area’s deficit of 3.2 per cent. This performance underscores Cyprus’s strong fiscal health, having consistently maintained surpluses over recent quarters.
Funding Opportunity for Women-Led Startups
The Cyprus Chamber of Commerce and Industry is facilitating the WE-RISE Open Call 2, aimed at empowering women-led deep-tech startups in GreenTech, AgriTech, and ClimateTech sectors. The initiative, part of Horizon Europe, seeks to support twenty innovative startups from EU Member States and associated countries.
Tax Reform Presentation in Athens
Finally, the Cyprus Chamber of Commerce and Industry announced a presentation regarding the new tax reform scheduled for March 6, 2026, in Athens. This event aims to inform the Greek business community about recent changes to the Cyprus tax system effective from January 1, 2026.
